2010 Proof Platinum Eagles Available August 12

by CoinNews.net on August 3, 2010 · 5 comments

While an official announcement is yet to be made, the 2010 Proof Platinum American Eagle will be released August 12, 2010, at noon Eastern Time, according to a newly published United States Mint product page.

2010 Proof Platinum American Eagle

2010 Proof Platinum American Eagle Coin

The one ounce, 99.95 percent pure platinum coin is the second of six issues in a series celebrating the principles of American democracy as found in the Preamble to the United States Constitution.

The reverse of this year’s proof Platinum Eagle portrays the principle "To Establish Justice." It features a blindfolded justice, which symbolizes impartiality, holding the historic scale of justice and carrying a branch of laurel. Inscriptions include UNITED STATES OF AMERICA1 oz..9995 PLATINUM, $100, and JUSTICE THE GUARDIAN OF LIBERTY, which is from the East Pediment of the Supreme Court Building.

Last year’s issue was emblematic of the principle “To Form a More Perfect Union,” and depicted the diversity of the nation with four faces on the left looking towards the right, with hair and clothing weaved together.

The list of the six principles and the year they have or will be honored are:

  • 2009 — To Form a More Perfect Union
  • 2010 — To Establish Justice
  • 2011 — To Insure Domestic Tranquility
  • 2012 — To Provide for the Common Defense
  • 2013 — To Promote General Welfare
  • 2014 — To Secure the Blessings of Liberty to Ourselves and our Posterity

The reverse themes were inspired by narratives prepared by John G. Roberts Jr., Chief Justice of the United States, at the request of the U.S. Mint.

Unique with the six-coin series is the privy mark on the reverses, which are from an original coin punch identified at the US Mint at Philadelphia.

The obverse or heads side of each coin remains as it has in the past — the Platinum Eagle coin was authorized by Congress in 1996 and first issued in 1997. The "Portrait of Liberty" design features Lady Liberty looking toward the future.

2010 Platinum Eagle Price & Mintage Limits

The 2010 Proof Platinum Eagle has a mintage limit of 10,000, and a per household order limit of 5. The 2009 eagles had a lower 8,000 mintage, and sold out in just over one week. A sell out is expected for this year’s issue as well, despite what will be a higher price.

2010 American Eagle One Ounce Platinum Proof Coin Presentation Case

2010 American Eagle One Ounce Platinum Proof Coin Presentation Case

The price for the 2010 platinum coin will be determined nearer its release and based on the prevailing price of platinum at the time using the U.S. Mint’s pricing policy.

Platinum is currently hovering around $1,590 an ounce. Should it remain within the boundaries of $1,550.00 to $1,649.99 an ounce, the new proof platinum piece will launch at $1,892.00, which is exactly $100 more than when the 2009s were released.

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5 Comments on "2010 Proof Platinum Eagles Available August 12"

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[…] undoubtedly played into the fast sell-out and will also likely affect sales of this year’s 2010 proof platinum issue — as well as their later […]

Koichi Ito
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Last time Platinum Proof Eagle Coins was sold out is 1997!

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[…] .9995 fine platinum coins were released Thursday, August 12. By Sunday, August 15, a total of 8,268 had been scooped up by coin collectors and […]

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[…] .999 fine platinum proof coins were launched one week ago — Thursday, August 12. Sales were brisk with early phone orders backed up, forcing some coin […]

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[…] entering the history books as a sellout Monday morning were the 2010 Proof Platinum Eagles. The United States Mint tagged the coin as "Sold Out," moving the product to its "No […]